DOT/USDT – 30M – BUY

The currency pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.

An ascent up to the next resistance at 4.283000000 will persist.

Caution: A possible counter-trend in the direction of the support line at 4.119000000 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

And also a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

4.244000000 – 4.258000000 – 4.209000000 – 4.119000000 – 4.144000000 – 4.054000000 — 60.586137794661 – 65.068823026516

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double bottom chart pattern – –